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State Street Corporation

IT Business Analysis

Quincy, MA · On-site

$146K - $160K/yr

IT Business Analysis (State Street Bank and Trust Company; Quincy, MA): Will implement applications ... software engineers to assists in resolving system issues; participating in Daily stand ups ...

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What is it like to work at State Street?

State Street is a global financial services company that values collaboration, innovation, and customer-centricity, fostering a culture of teamwork and continuous learning. The company's structure is organized into various business units, including investment management, custody, and securities finance, with a focus on delivering exceptional client experiences through cutting-edge technology and expertise. Working at State Street may appeal to candidates seeking a challenging and dynamic environment with opportunities for professional growth, as the company invests in employee development and offers a range of benefits and perks to support work-life balance.

What makes State Street an attractive place to work?

State Street is a leading global financial services company that plays a critical role in the financial markets, providing a wide range of services to institutional investors, financial institutions, and corporations. The company offers a dynamic and collaborative work environment that fosters innovation, teamwork, and professional growth, with opportunities to work on complex projects and develop skills in areas such as data analytics, technology, and investment management. By joining State Street, individuals can contribute to the company's mission of helping clients achieve their financial goals and develop their careers in a stable and supportive organization.

What are the most popular jobs at State Street?

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Infographic showing various Software job openings at State Street in the United States as of August 2026, with employment types broken down into 98% Full Time, and 2% Part Time. Highlights an 92% Physical, and 8% Hybrid job distribution.

IT & Software Procurement & Sourcing Manager, VP

State Street Corporation

Quincy, MA • On-site

$110K - $181K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 5 days ago

Job description

Who we are looking for
The VP of Software Sourcing is an important role within State Street's Global Procurement Team and responsible for the preparation, analysis, negotiation and finalization of the end-to-end Procurement process for software and cloud engagements. This sourcing manager will support/be a part of the global, regional and local category sourcing strategies working with our global IT vendors.
Why this role is important to us
The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need people like you to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best.
Join us if making your mark in the financial services industry from day one is a challenge you are up for.
What you will be responsible for
Based in State Street's John Adams Building in Quincy, Boston, this Sourcing Manager / Category SME - Software and Cloud you will
  • Perform direct negotiations and manage large and complex agreements
  • Find and deliver saving opportunities via stakeholder engagement and data analysis
  • Draft and negotiation Master License and Cloud agreements with support from Legal
  • Negotiate IT security schedules with support from IT Security and Legal SMEs
  • Develop stakeholder relationships on a face to face basis across our Boston locations using a white glove approach as needed with senior stakeholders(Quincy)
  • Develop vendor relationship with key Infrastructure, Cyber Security and other critical vendors where stakeholders are based in the Quincy office.
  • Identify risks and opportunities related to achieving financial objectives; work with process partners to mitigate risks and realize opportunities
  • Heavily contribute to P&L and Cost Avoidance savings for the team
  • Analyze data to identify opportunities to reduce existing cost base
  • Coordinate, prepare and manage RFx/competitive bids to optimize cost and service
  • Perform all duties in accordance with prescribed regulatory compliance guidelines
  • Quickly learn the State Street end to end process, and work within the guidelines to gain saving and delivery results

What we value
These skills will help you succeed in this role
  • A number of years (10+) strategic sourcing experience in IT related spend is a must with referenceable knowledge in cloud software
  • A strong understanding of all facets of global IT vendors
  • Proven track record of delivering P&L saving projects
  • Should have strong commercial skills and be able to deliver cost effective outcomes
  • Top level negotiation skills with ability to influence cross-functionally
  • Understanding of best in class procurement, risk, Information Security and payable processes
  • Proven self-starter who can work independently and within a team while effectively juggling multiple priorities
  • Strong strategic thinker and problem solver with attention to detail
  • Personal resilience to work within an extremely fast-paced, ambiguous environment
  • Established written and verbal communication skills
  • Ability to manage challenging stakeholders diplomatically
  • Good presentation skills and a keen eye for detail a must

Salary Range:
$110,000 - $181,250 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
Employees are eligible to participate in State Street's comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.
For a full overview, visit https://hrportal.ehr.com/statestreet/Home.
About State Street
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you'll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
Discover more information on jobs at StateStreet.com/careers
Read our CEO Statement
Job Application Disclosure:
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
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About State Street

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State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Boston, MA, US

Year founded

1792

Social media

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